Do I have to be a first-time buyer for Alaska First Home?

Yes. The program lists a first-time buyer requirement.

Is there an income limit?

Yes. The listed income limit is Targeted-area boost.

What credit score does Alaska First Home list?

The listed minimum credit score is 620.

Alaska First Home

Alaska First Home is a forgivable / silent 2nd from Alaska Housing Finance Corp (AHFC). Available statewide in Alaska. For first-time buyers. Income limit: Targeted-area boost.

Amount varies by program

Listed as open as of May 2026

Available statewide in Alaska.

First-time buyer	Required
Income limit	Targeted-area boost
Minimum credit score	620
Homebuyer education	Required (HFA-approved (Framework, eHome, NeighborWorks, etc.))
Occupations	Statewide
Property types	SFR primary
Occupancy	Owner-occupied primary
Eligible loan products	Conv/FHA/VA/USDA
Sales price cap	Varies by location
Repayment	Per program
Forgivable	Per program structure
Stacking	AHFC pairing

Source Alaska Housing Finance Corp (AHFC)·official program page·Listed May 2026

Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.

Provider: Alaska Housing Finance Corp (AHFC) · program details at the provider’s site.

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